An intruder at the microphone is tackled and taken away by security before elected PM Tony Abbott makes his victory speech.

Tony Abbott has confirmed there would be no franking credits on the 1.5 per cent levy to be paid by 3200 big businesses. Picture: Andrew Tauber Source: HeraldSun

SUPPORTING growth and jobs through clear policy reform is top of big businesses demands for the incoming Abbott government.

Repairing the budget bottom line and cutting red tape to lower the cost of business should also be at the centre of the Coalition's to-do list in the first 100 days of government, the nation's leading business groups said.

The Coalition's emphatic win is tipped to push the stock market higher on opening as the expected lift in corporate confidence unlocks the stock piles of cash that has been sitting on the sidelines in recent months.

Prime minister-elect Tony Abbott is heading to his Sydney office for briefings from senior public servants.

Business leaders said scrapping the carbon tax and mining tax - which have been "dead weight on the economy" are also key reforms that will boost productivity and help the cap the expected 100,000 rise in the jobless over the coming 12 months.

Getting the budget back in the black is also vital with the promised Commission of Audit within the first 100-days regarded by economists as providing the best mechanism to reform the nation's balance sheet, but they warn that a rush back to surplus could cause more harm than good.

Throughout the campaign, Treasurer Joe Hockey has consistently refused to outline a timetable to get the nation's finances back on an even keel.

The Coalition's savings released just ahead of polling day will deliver a $6 billion lift to the bottom line over four years, but this represents only a tiny portion of the budget black hole.

Business Council of Australia president Tony Shepherd yesterday admitted the government is facing a "tough task" to lift growth in the face of global competition, declining competitiveness, and a volatile global economic and political outlook.

He called on parliament and the Senate in particularly - which is likely to be controlled by a mixed bag of minor parties and independents - to respect the clear mandate for reform given to the Abbott Government by the Australian people.

"The Coalition has rightly acknowledged business is at the heart of continuing to grow the economy and jobs. It's commitment to return to proper process in government will go a long way to restoring predictability and confidence, which in turn will foster a growing economy," Mr Shepherd said.

"The result demonstrates overwhelming support for policies to lift productivity and competitiveness, recognising the essential role of all business in the economy."

But the union movement is adamant the Coalition's low profile stance on industrial relations issues during the campaign meant there was no mandate to bring back Fair Work Act or reduce penalty rates.

ACTU president Ged Kearney also warned the Coalition's election centrepiece the $5.5 billion Paid Parental Leave scheme may never come to fruition as a result of its high price tag and opposition in the Senate to the proposal.

The Coalition's planned inquiry into union financing was also branded as a "waste of time" by Ms Kearney.

"We will work with the new government to ensure our two million members our not left worse off and continue our fight to lift the minimum wage and protect penalty rates," she said.

After each of the last five elections, the Australian dollar and share market climbed in the following three weeks.

"There are good reasons to expects stronger Australian economy as the election uncertainty is resolved," CommSec chief economist Craig James said.

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